The European Commission proposed last month an emergency intervention in Europe’s energy markets to address recent dramatic price rises as the EU faces the effects of a...
21.06.2012
- Saudi Arabia's unexpected surge in oil exports to the United States this year has fallen into question following a deepening crisis this month at the kingdom's jointly owned and...
20.05.2012
- After a decade of promise, advanced biofuels makers are entering a crucial make-or-break period with the first of a new generation of production facilities about to come on line...
04.05.2012
- The cost of Royal Dutch Shell and PetroChina's Australian joint venture LNG may rise as much as 50% from initial estimates, which could force the companies to delay development, a...
30.04.2012
- Pipeline operator Energy Transfer Partners said it would buy Sunoco for $5.35 billion in stock and cash to get into the more lucrative crude oil transportation business as natural...
23.04.2012
- State-run China National Petroleum Corp (CNPC) and Petroleos de Venezuela (PDVSA) will start building their mega joint refinery on China's southern coast later this month, a move...
19.04.2012
- U.S. oil major ExxonMobil and Russia's Rosneft unveiled an offshore exploration partnership on Wednesday that could invest upward of $500 billion in developing Russia's vast energy...
18.04.2012
- Cheap natural gas from North American shale developments and growth in Latin American markets likely helped U.S. chemical makers offset weak first-quarter demand from Europe, which...